Motorcar Parts of America swings to a profit in Q4
(Il Sole 24 Ore Radiocor) - Milano, 8 giu - Motorcar Parts of America said its net income in the fourth quarter was 9.7 million dollars, or 0.42 dollars per share, compared to a loss of 722,000, or 0.04 per share, in the same period a year ago.
Sales in the three months ended were 212.5 million dollars from 193.1 million a year earlier.
The company said it expects sales for fiscal 2027 to increase 7.5-10.2% from the previous year, reflecting the exclusion of certain non-recurring items including tariff pass-throughs due to the reduction of import tariffs, and non-recurring core revenue, representing net sales of between 780-800.
million dollars.
(RADIOCOR) 08-06-26 18:57:19 (0625) 5 NNNN